Tag:
LaSalle
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Latest Headlines
The best job in banking?
Breakingviews suggests that for all the challenges, discussed at length here, whoever takes over as CEO of Bank of America will also be facing an incredible opportunity, one that few executives will ever have. The chance to rebuild a bank like Bank of America comes once in a lifetime. And fran
ALSO NOTED: Fitch puts Countrywide on evolving credit watch; Bank of America ready to integrate LaSalle; and much more...
Company News: > Interactive Brokers Group to sell shares in Dutch auction. Article > Fitch puts Countrywide on evolving credit watch. Article > Ladenburg Thalmann buys Punk, Ziegel & Co. Article > First Marblehead to slash jobs, costs. Article > More o
SPOTLIGHT: RBS
Well, after a whole lot of fighting, RBS has emerged victorious in the battle for ABN--the largest takeover in history. Bank of America also won, as it was able to buy LaSalle after all. Article | Unfortunately, RBS remains among the most exposed to the private equity slowdown. Artic
ALSO NOTED: Goldman Sachs invests in Nordic Windpower; Citigroup and Merrill invest in Indian exchange; and much more...
Company News: > Citigroup and Merrill invest in Indian exchange. Article > Goldman Sachs invests in Nordic Windpower. Article > Bank of America completes LaSalle deal. Article > Wachovia completes A.G. Edwards deal. Article > Citigroup ratings affirme
SPOTLIGHT: Bank of America Layoffs
It was big news when Bank of America prevailed in its attempt to buy LaSalle. Now comes the flip side. The banks will lay off 2,500 in Illinois over the next two years. Article
(Bank of America, banks, LaSalle)
ALSO NOTED: Former Goldman Sachs team broken up at Fulcrum; Lehman wins in CalPERS share lending program; and much more...
Company News: > Lehman wins in CalPERS share lending program. Article > Bank of America offers special refinancing deals. Release l Article > Barclays shareholders approve ABN deal. Article > Former Goldman Sachs team broken up at Fulcrum. Article
ALSO NOTED: NYMEX confirms merger talks with the NYSE?; Carry traders making a comeback?; and much more...
Company News: > Marketing: RBC to hire student bloggers. Release > NYMEX confirms merger talks with the NYSE? Article
Industry News: > Carry traders making a comeback? Article > Bank profits dip in Q2. Article > Business Week to start Chicag
RBS sweetens bid for ABN Amro
You've got to wonder about the new bid by the Royal Bank of Scotland-led consortium for ABN Amro. It said all along that LaSalle was the main prize in its efforts to buy the Dutch giant; it
SPOTLIGHT: Bank of America Victory?
A Dutch court has ruled that ABN Amro can sell its LaSalle unit to Bank of America , which is surely
ALSO NOTED: S&P revises high yields ratings methods; CBOE adds credit derivatives; and much more...
Company News: > Rydex nears a deal. Article > Bank of America says LaSalle decision was "a
